Monday, July 04, 2016

Never Let A Crisis Go To Waste

Tax cuts for rich people to the rescue!
George Osborne has pledged to cut corporation tax to encourage businesses to continue investing in the UK following the EU referendum vote.

In an interview with the Financial Times, the chancellor said he would reduce the rate to below 15% - some 5% lower than its current 20% rate.

That would give the UK the lowest corporation tax of any major economy.